Introduction

Staking Litentry can be a great option for those who want to hold LIT while earning yield safely and contributing to the network. The steps may seem daunting, especially the first time you attempt them. That's why we've created this guide for you.

Step-by-Step Guide

1. 1. Obtain Litentry (LIT) Tokens

   To stake Litentry, you need to own it. To obtain Litentry, you'll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Cost
   Binance	Litentry (LIT)	0.74
   Coinbase	Litentry (LIT)	0.47
   Uphold	Litentry (LIT)	0.58
   BingX	Litentry (LIT)	0.95
   Bitget	Litentry (LIT)	0.74
   Bitmart	Litentry (LIT)	0.74

   See all 28 prices

2. 2. Choose a Litentry Wallet

   Once you have LIT, you'll need to choose a Litentry wallet to store your tokens. Here are some great options.

3. 3. Delegate Your LIT

   We recommend using a staking pool when staking LIT. It's simpler and quicker to get started. A staking pool is a group of validators who combine their LIT, increasing their chances of validating transactions and earning rewards. You can do this through your wallet's interface.

4. 4. Begin Validation

   You'll need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the Litentry network. You'll be rewarded with LIT for these validations.

What to Be Aware Of

There are transaction and staking pool fees to consider. Additionally, there may be a waiting period before you start earning rewards. The staking pool needs to generate blocks, which can take some time.